CSR Expenditure Eligible for 80G Deduction: ITAT
The ITAT ruled that expenditure incurred on Corporate Social Responsibility CSR activities is eligible for deduction under Section 80G of the Income Tax Act. This decision…
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The ITAT ruled that expenditure incurred on Corporate Social Responsibility CSR activities is eligible for deduction under Section 80G of the Income Tax Act. This decision…
The CBDT has mandated linking of PAN with Aadhaar by December 31, 2025, for individuals who applied for PAN before October 2024. This extension provides additional time for those…
The top 10 firms in India reportedly lost ₹2.9 lakh crore in market capitalization, with TCS and Reliance bearing the brunt of these losses. This significant decrease in market…
It has been made mandatory to upload occupancy and completion certificates on the Odisha Real Estate Regulatory Authority ORERA website in Bhubaneswar. This requirement aims to…
Market volatility is expected amid US trade tariffs and the upcoming RBI rate decision. The imposition of tariffs by the US can create uncertainty in global trade and financial…
The Airports Economic Regulatory Authority AERA is likely to reject Mumbai International Airport's claim for legal costs. The airport had reportedly sought to recover these costs…
The Industries Department Council in Pune reportedly resolved 75 MSME-related disputes in the Pune division. This initiative provides a mechanism for Micro, Small, and Medium…
A father and son were arrested in Delhi for allegedly faking the father's death to fraudulently claim ₹1 crore in insurance money. This case highlights instances of insurance…
Seafood exporters in India are reportedly facing a severe impact from the recently imposed US tariffs. These tariffs are likely making Indian seafood products more expensive in…
Swiggy has reportedly received an income tax notice of ₹759 crore, marking its second such notice within a month. These notices suggest potential discrepancies or issues related…
Union Minister Piyush Goyal has announced the launch of a dedicated helpline for startups. This initiative aims to provide startups with easy access to information, guidance, and…
Rinshul Chandra has also resigned from his position as the Chief Operating Officer COO of Zomato's food delivery business. This marks his second resignation from a prominent food…
Union Minister Piyush Goyal announced that deeptech startups will receive a substantial allocation from the INR 10,000 crore Fund of Funds FoF for startups. This signifies the…
Flipkart is reportedly expanding its quick commerce play by adding 200 dark stores. This move signifies Flipkart's increasing focus on the fast-growing quick commerce segment,…
FirstCry is planning to invest ₹167 crore in two of its subsidiaries to expand its business operations. This investment indicates FirstCry's growth ambitions and its commitment to…
The Supreme Court has questioned the Delhi High Court's order to take down a Wikipedia page related to the ANI vs. Wikipedia defamation suit. The Supreme Court's query suggests…
Delhivery is set to acquire Ecom Express for ₹1,407 crore. This strategic acquisition will significantly enhance Delhivery's market share and strengthen its position in the…
The Supreme Court has reiterated that accused individuals seeking bail must disclose their criminal antecedents in their synopsis and Special Leave Petition SLP . This directive…
The Uttarakhand High Court has stayed an order by the Enforcement Directorate ED to attach property linked to a Congress leader. The court's intervention provides temporary relief…
The Bombay High Court imposed a cost of ₹1 lakh on a techie for evading maintenance payment to his wife. The court penalized the individual for non-compliance with maintenance…
The Tamil Nadu government has moved the Supreme Court to transfer its case against the ED raid of TASMAC offices from the Madras High Court. This action follows the state…
A Karnataka court has framed charges in the rape case against Prajwal Revanna. This marks a significant step in the legal proceedings against the accused. The framing of charges…
The NCLAT held that dissenting financial creditors are entitled to receive payments based on a pro-rata basis of the resolution plan value rather than the liquidation value. This…
The NCLT New Delhi bench ruled that a speculative investment without a commercial effect of borrowing does not constitute financial debt under the IBC. The tribunal distinguished…
The NCLAT ruled that a breach of a settlement agreement does not preclude financial creditors from filing an application under Section 7 of the IBC. The appellate tribunal held…
CBIC issued clarifications on issues related to availing the benefit of Section 128A of the CGST Act 2017. This clarification provides guidance to taxpayers on the conditions and…
The Pune Municipal Corporation will issue property tax bills from May 1st, with a delay in verification causing a delay in the 40% concession. This announcement informs property…
Justice Ujjal Bhuyan remarked that until the conviction rate in PMLA cases improves, people will remain sceptical about ED arrests. This observation highlights the concerns…
A body of Kerala Islamic clerics has approached the Supreme Court against the Waqf Amendment Act, arguing that the Muslim community will be deprived of their properties. The…
The Supreme Court ruled that once the Limitation Act applies, all its provisions apply to proceedings under the Public Premises Eviction of Unauthorised Occupants Act. This…
The Jamiat Ulema-e-Hind president has approached the Supreme Court against the Waqf Amendment Act, seeking an interim direction to defer the law's notification. The petition…
The Supreme Court ruled that a suit for specific performance is not maintainable for a cancelled sale agreement without seeking a declaration against the cancellation. The court…
The Supreme Court criticized the illegal tree felling in a Kerala temple. The court expressed its strong disapproval of the unauthorized destruction of trees within the temple…
The Supreme Court observed that damage to the common reputation of a husband and wife affects both, and multiplicity of litigation should be avoided. This ruling emphasizes the…
The Allahabad High Court stayed criminal proceedings against an AMU student related to anti-CAA protests in 2020. The court's interim order provides temporary relief to the…
The Uttarakhand High Court addressed an order by the Enforcement Directorate ED to provisionally attach the property of Congress leader Harak Singh Rawat. The court's involvement…
The Bombay High Court ruled that the issue of limitation cannot be decided as a preliminary issue in an arbitration case without recording a finding, especially if it involves a…
The Bombay High Court addressed the case of a septuagenarian woman seeking Indian citizenship. The court's ruling likely pertains to the legal requirements and procedures for…
The Punjab and Haryana High Court emphasized that if state authorities are allowed to breach contracts, a fundamental pillar of the Constitution, the rule of law, will become…
Anuja Mishra, the Chief Marketing Officer CMO of Mamaearth Honasa Consumer , has resigned from her role. The reasons for her departure are not publicly known. This change in the…
The Punjab and Haryana High Court addressed the alleged demolition of a drug peddler's house. Following the state's assurance to look into the matter, the court expressed its hope…
The Bombay High Court addressed matters related to Consumer Protection. The court's ruling likely pertains to a specific case filed under the Consumer Protection Act, addressing…
The Bombay High Court directed the developer of Lodha Worli Towers to collect maintenance charges at the rate agreed upon between the parties until the completion of arbitral…
The Punjab and Haryana High Court refused to quash a sector layout plan that incorporated a clinic, despite objections citing potential traffic increase. The court emphasized that…
The Delhi High Court held that a referral court, when considering an application under the Arbitration Act, should limit its inquiry to examining if the application was filed…
The Jammu & Kashmir and Ladakh High Court addressed the recovery of excess benefits provided under the SRO presumably Special Recruitment Rules or a similar government order from…
The Punjab and Haryana High Court awarded ₹50 lakh compensation for the illegal seizure of imported kiwi fruit by customs. The court criticized the customs department's actions…
Rinshul Chandra, the Chief Operating Officer COO of Eternal Food Delivery, has resigned from his position. The reasons for his departure have not been disclosed. This exit marks a…
The Karnataka High Court suggested the enactment of a Uniform Civil Code UCC , referencing Article 44 of the Constitution. While hearing a specific case, the court expressed the…
The Jammu & Kashmir and Ladakh High Court ruled that administrative officers cannot claim seniority based on unfilled vacancies from previous years. The court clarified that the…
The ITAT ruled that expenditure incurred on Corporate Social Responsibility CSR activities is eligible for deduction under Section 80G of the Income Tax Act. This decision…
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